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Decision (EU) 2016/3 of the European Central Bank (repealed)Show full title

Decision (EU) 2016/3 of the European Central Bank of 18 November 2015 laying down the principles for providing feedback on the performance of national competent authorities' sub-coordinators in the joint supervisory teams of the Single Supervisory Mechanism (ECB/2015/36) (repealed)

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Article 1Definitions

For the purposes of this Decision, the definitions contained in Article 2 of the SSM Regulation and Article 2 of the SSM Framework Regulation shall apply.

Article 2SSM performance feedback

1.NCA sub-coordinators in JSTs shall receive feedback on their own and their team's performance in carrying out their tasks in the JST, subject to and in accordance with the principles set out in Annex I.

2.Following the setting of the NCA sub-coordinators' main tasks and objectives, the feedback shall be provided with regard to the feedback cycle that starts on the day of the entry into force of this Decision as referred to in Article 3 and ends on 29 February 2016.

Article 3Entry into force

This Decision shall enter into force on 20 November 2015.

Done at Frankfurt am Main, 18 November 2015.

For the Governing Council of the ECB

The President of the ECB

Mario Draghi

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